The release of the latest GDP data brings with it several key trends in government investment and infrastructure spending. Despite the data looking a bit inflationary, the Treasury curve flattened. In other news, more S&P 500 companies are beating earnings estimates than ever before.
1. Why most of us complain about traffic...
Source: WSJ Daily Shot; As of 4/30/18
2. Where the Fed's favorite measure of inflation stands...
Source: WSJ Daily Shot; As of 4/30/18
3. We've been worried about this for months...
Source: WSJ Daily Shot; As of 4/27/18
4. Perhaps the U.S. Treasury should take note...our average maturity is only ~7 years...
Source: WSJ Daily Shot; As of 4/24/18
5. A welcome trend!
Source: Bloomberg, FactSet; As of Q1 18
6. "Normalization" includes having rates rise above zero at a minimum....
Source: WSJ Daily Shot; As of 4/25/18
7. Oh, so close...but back under 3%.
Source: Thechartstore.com; As of 4/23/18
8. Head fake or a true break out?
Source: Thechartstore.com As of 4/27/18
9. A wedge pattern is forming. The S&P will have to break out one way or the other.
Source: Thechartstore.com; As of 4/18/18
Today is the last day of April and so marks the last day of Financial Literacy Month. Check out our 2017 and 2018 financial literacy pieces in one convenient PDF collection below:
Disclosure: The charts and info-graphics contained in this blog are typically based on data obtained from 3rd parties and are believed to be accurate. The commentary included is the opinion of the author and subject to change at any time. Any reference to specific securities or investments are for illustrative purposes only and are not intended as investment advice nor are a recommendation to take any action. Individual securities mentioned may be held in client accounts.
